MBA
Exam
The cost of production of a 50 kg bag of cement is rupees 90 and it is sold for rupees 120.the government imposes a tax of 10% of the cost of production.it the government changes its policy and levies the 10% tax on the s.p. instead of c.p,by what percent does the profit decrease(assuming the s.p is unchanged)?pl. provide sol. 1) 14 2/7% 2) 500/297% 3) 1/7% 4) 5/297%
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